Archive for September, 2006

Friday, September 29th, 2006

Cheap money is a Goldmine

I periodically read various blogs out there to see what’s on people’s minds.  I like reading comments and questions people post on a blog.  Lately, I’ve been reading a great deal of how debt (all kinds) is bad. I’ve read articles on how credit card debt is bad…. I’ve read articles on how student loan […]

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Thursday, September 28th, 2006

CNBC – The best comedy channel on cable TV

Some people think Comedy Central is the best comedy channel on cable TV but I like to laugh it up watching CNBC. Yesterday was the perfect example of how funny CNBC can be; the Dow was “rocketing” up to an all time high around noon near 10750. The computer graphics guys were busy flashing “Breaking […]

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Wednesday, September 27th, 2006

Credit Card Arbitrage – A Win-Win for Banks

As some of you know, I took out a 24k loan from my credit card at 0%.  The zero rate was only for 6 months so I took the money and placed it in a high yield CD earning 8%.  The gross profit on this transaction will be about about $1200. The 0% rate runs […]

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Saturday, September 23rd, 2006

October 2006 ETF Covered Call Report

I hope everyone enjoyed this weeks book review. I’ll try to do another one in six months time after I read some additional books that have been recommended by readers and other bloggers. Getting back to Exchange Traded Funds Covered Call transaction, I ran a report to see where the “action” was heading into October […]

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Friday, September 22nd, 2006

Book Review – The Truth About Money & The New Rules of Money by Ric Edelman

It’s amazing to think that it has almost been 10 years since I picked up my first “finance” book.   I tend to keep all my finance books and last night I glanced at the first one I had purchased; it was a book named The Truth About Money by Ric Edelman published in 1996.  Ric […]

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Thursday, September 21st, 2006

Book Review – Atlas Shrugged by Ayn Rand

While not exactly a finance strategy or tactics book, Atlas Shrugged by Ayn Rand is a MUST read book for all investors. The book was written over 40 years ago but I continue to see parallels of her fictional world and our real world today. Who is John Galt? Essentially, the book is fictional account […]

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Wednesday, September 20th, 2006

Book Review – Covered Calls & Naked Puts by Ronald Groenke

After the dot com crash, many friends gave up on the market and resided to either move their money into cash or invest in highly conservative mutual funds. Not happy with either of those choices, despite losing some money in the crash of WorldCom, I decided to invest in a little investment education. I purchased […]

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Tuesday, September 19th, 2006

Book Review – Buckets of Money by Ray Lucia

A friend picked up Ray Lucia’s Buckets of Money at a seminar he gave a year or so ago and passed it on to me. I enjoyed reading the book but my first and immediate impression as I began to read it was that it was geared toward “older folks” who had already accumulated a […]

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Monday, September 18th, 2006

Book Review – Asset Protection: Concepts & Strategies for Protecting Your Wealth

As my financial wealth has continued to grow, I’ve become increasingly concerned about keeping that wealth. Warren Buffets two rules of investing are 1. Don’t lose money 2. See Rule #1 I can across a well written and highly recommended book regarding asset protection called Asset Protection : Concepts and Strategies for Protecting Your Wealth […]

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Sunday, September 17th, 2006

Seminar Scams & Book Review Week

A few times out of the year, various financial advisors, radio and TV personalities, and such will host seminars at key cities to sell their wares or offer advice. I often attend seminars whenever I can to see what the current trends are and advice being doled out to the public. A couple of years […]

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